Briefly define the following terms as per CGST Act, 2017: Exempt Supply.
CS Professional · Advanced Tax Laws and Practice · PYQS · June 2018
Briefly define the following terms as per CGST Act, 2017: Exempt Supply.
Answer & Explanation:
Exempt Supply means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax under section 11, or under section 6 of the Integrated Goods & Services Tax Act, and includes non-taxable supply.
Topics: CGST Act, 2017
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